EUR / JPY halts the initial rally at 130.50 on Monday. Trading conditions remain tight amid the US holiday. The EMU Sentix Index dipped a bit to 19.6 in September. The stance offered in the Japanese yen motivates the EUR/JPY to return to positive territory at the beginning of the week. EUR / JPY focuses […]
Tag: EURJPY
Subas slow down in the area of ​​130.70, for the moment
The EUR / JPY regains some of the ground lost last Friday. The resumption of the raises is targeted at 131.00 and beyond. The strong rally of the EUR/JPY it seems to have faltered in the 130.70 / 75 band on Friday, the area coinciding with a Fibonacci level (from the January-June rally). The crossing […]
EUR / JPY will enjoy considerable gains towards 132.80 – Commerzbank
EUR / JPY is approaching the mid-July high at 131.08. While the pair can see some consolidation here, Karen Jones, Head of the technical analysis team at Commerzbank, is aiming for the 132.80 mark. Close support is at 130.29 “EUR / JPY has eroded the late July high at 130.55 and is looking to challenge […]
EUR / JPY retreats from highs near 130.50, US ADP report disappoints expectations
EUR / JPY loses momentum near the 130.50 level. US ADP report disappointing estimates in August. The EUR/JPY it now cuts part of the initial advance to new highs at 130.50 and falls back to the 130.20 region. EUR JPY hurt by disappointing US data The EUR / JPY saw its silver lining trim after […]
EUR / JPY retraces from new highs above 130.00
EUR / JPY moves past the 130.00 hurdle on Tuesday. Broad-based risk appetite supports the crossover. The general CPI of the EMU reached a 10-year high of 3.0%. The best tone in the space associated with risk sustains the upward momentum of the EUR/JPY at levels beyond the key psychological level of 130.00 on Tuesday. […]
EUR / JPY offered, flirts with the 200-day SMA above 129.00
EUR / JPY rises even higher and challenges the 200-day SMA. The German business climate disappointed the August estimates. Durable goods orders from the US contracted less than expected in July. Selling pressure surrounding the Japanese yen helps the EUR/JPY to regain the 129.00 zone on Wednesday. EUR / JPY remains positive ahead of Jackson […]
EUR / JPY offered, finds resistance around 129.00
EUR / JPY loses a significant part of Monday’s gains. Germany’s final second quarter GDP surprised to the upside. The general consolidation mood in global markets makes the EUR/JPY trade within a tight range below 129.00 on Tuesday. EUR / JPY focused on risk trends, Jackson Hole The EUR / JPY has been rejected from […]
The 200-day simple average continues to slow the rise
EUR / JPY encountered some resistance above 129.00. The breakout of the 200 day moving average should ease the selling pressure. The EUR / JPY rally has hit a stiff hurdle so far just above 129.00, where the critical 200-day SMA is also located. The cross now loses some momentum and is exposed to a […]
Further south arrives at 127.02
EUR / JPY sideways with a slight bearish bias around 128.00. A deeper pullback could extend to the 127.00 region. EUR / JPY remains under pressure around recent lows in the 128.00 area on Friday. The selling pressure has accelerated after the cross fell below the 200-day SMA (129.10), as well as the 2021 key […]
Door open to more falls
EUR / JPY picks up the downside and tests 128.30. The next bearish target now comes the 127.00 zone. The EUR/JPY it resumed its lows and reached multi-month lows at the 128.30 area on Thursday. Selling pressure accelerated after the cross broke below the 200-day SMA (129.03), as well as the 2021 key line around […]
